How the GCC’s expanding tourism sector The Gulf Cooperation Council (GCC) countries have experienced a remarkable transformation in their tourism…
Browsing: In The News
Pakistan, Somalia eye stronger trade agreements The Ambassador of Somalia to Pakistan, Sheikh Noor Muhammad Hassan, has expressed a strong…
Ships for America In early February, for the past 30 years, New York’s shipping elite have gathered at what is…
USF to Lay 2000km Optical Fiber Cable Across Pakistan: The Universal Service Fund (USF) has informed the National Assembly Standing…
Tea production falls amid bad weather After a record high output in 2023, the country’s tea production declined last year…
Gulf is a region in bloom? The Gulf Cooperation Council region, encompassing Saudi Arabia, the United Arab Emirates, Qatar, Kuwait,…
In Uraan plan, world bank flags flaw The World Bank has detected a flaw in the recently launched Uraan Pakistan…
In Venezuela false flag shadow tanker detained The Maritime Authority in Guyana is confirming media reports that a tanker being…
Aamir Ibrahim Joins VEON’s Group Executive Committee, Becomes Financial Services Sponsor Across 6 Dynamic Markets: Aamir Ibrahim, CEO of Jazz…
Global oil demand Global oil demand rose seasonally in 4Q24, posting robust annual growth of 1.5 mb/d – the strongest…
GCC countries: from tax havens to global business hubs The Gulf Cooperation Council (GCC) is currently going through its most…
In 2025 Pakistan’s economy needs a boost Pakistan Time and again, has seen fleeting spurts of high growth, averaging five…
Seafarer lost overboard in the Philippines A seafarer working aboard a bulker that was bound for Australia is missing overboard…
Govt to Hire Consultant to Bring Starlink to Pakistan: The Ministry of Information Technology and Telecommunications (MoITT) has decided to…
FAO food price index dips in December The benchmark for world food commodity prices declined in December compared to the…
GCC economic growth to double in 2025 The Gulf Cooperation Council (GCC) economies are forecast to see growth accelerate to…
Government takes new $300mn commercial loan Pakistan has taken a $300 million commercial loan at interest rates ranging from 7.2percent…
Shandong port intriducing direct South East Africa service Running on a weekly basis, the new route adds a “safe and…
The Rise of Social Media Search Trends Among Young Generations: As technology becomes increasingly integrated into everyday life, search behaviors…
Major report joins dots between world’s nature issues Climate change, nature loss and food insecurity are all inextricably linked and…
GCC is a flourishing garden in the middle of a fire: first SG The new slogan to greet citizens in…
Envoy attracts Chinese investment in textile Pakistan welcomes Chinese investment in its textile sector, said Khalil Hashmi, Pakistan’s Ambassador to…
Spanish police make two cocaine busts Spanish authorities are reporting that they have made a second cocaine seizure as they…
Engro Partners with VEON’s Jazz to Expand Pakistan’s Digital Connectivity: Engro Corporation is pleased to announce a strategic partnership with…
Oil slightly firmer ahead of OPEC+ supply plan Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting…
In 2025 profitability, asset quality to boost GCC banking sector resilience: S&P The banking sector in the Gulf Cooperation Council…
Government unveils climate finance strategy Pakistan introduced its first National Climate Finance Strategy (NCFS) at the COP29 conference in Baku,…
Activists demand Spain halt port calls of Maersk Line ships carrying arms The continuing effort by activist groups to interrupt…
NASTP and Khazana Cloud Establish Pakistan’s First Hyperscaler Cloud Solution: The NASTP, Special Technology Zone, is thrilled to announce a…
S.Korean rice production fall continues Domestic rice production is continuing its slow decline in South Korea as the government incentivizes…
In Pakistan’s economy, Saudi Arabia to invest $2bn Saudi investment minister Khalid Al Falih said bilateral trade with Pakistan has…
Poultry farmers seek help Poultry farmers across Pakistan are facing hard times as rising input costs, especially poultry feed, are…
Shipping carbon tax will impact African economies and food security: report As the push towards the introduction of a global…
Hatem Bamatraf Unveils Expansion of PTCL’s Women Empowerment Program at GITEX: At GITEX Technology Week in Dubai, Hatem Bamatraf, President…
Government agencies gather in ministry of natural resources Minister of Natural Resources, Ecology and Technical Supervision Meder Mashiev and Deputy…
Inflation in GCC states rises by 1.4pc The prices of goods and consumer services in the Gulf states rose by…
State Bank of Pakistan: geopolitical tensions a concern The State Bank of Pakistan (SBP) has voiced serious concern over the…
Amnesty international wants ship loaded with explosives for Israel stopped The human rights organization Amnesty International is calling for a…
Here’s When Xiaomi 15 and Honor Magic 7 Will be Released: Xiaomi and Honor, two leading brands in the smartphone…
Indonesia’s rice import paradox Indonesia, an agrarian country with fertile lands, has a rich history of rice cultivation, making it…
Islamic banking growth to outpace conventional banks in GCC: Moody’s Islamic finance is set to outpace conventional banking growth across…
Stakeholders decry 18pc GST on EVs against EDB strategy To promote the Electric Vehicle (EV) revolution in Pakistan, the Ministry…
Latest shipping line opens on Chittagong-China maritime route A shipping line on the Chattogram-China maritime route started operation, with a…
The AI Revolution: Transforming the Future of Smartphones: Artificial Intelligence (AI) has completely transformed the world of technology, becoming the…
CM aide vows to tap natural resources to fight poverty: Chitral expo Special Assistant to Chief Minister on Industries Abdul…
GCC chambers federation to organize Gulf-Azerbaijan economic forum The Federation of Gulf Cooperation Council (GCC) Chambers is scheduled to organize…
EX-SBP: Chief fear of debt restructuring needs to be overcome Rescuing countries from disorderly defaults “hinges on increasing fiscal space…
DNV Maritime CEO: decarbonization is slowing down According to DNV, 93 percent of the global shipping fleet still relies on…
Oppo Has a Tri-Fold Phone Concept Too: Foldable smartphones have come a long way since their inception over half a…
World food programme halts movement in Gaza The World Food Programme is freezing employee movement in Gaza after one of…
GCC cities can seize opportunity The Gulf Cooperation Council (GCC) cities can join the world’s elite shopping destinations, significantly contributing…
In Pakistan car sales rise by 58pc Car sales in Pakistan saw a significant increase of 58.21 percent in July…
LNG terminal planned for Mexico to serve ships With the number of ships using LNG continuing to grow and spurring…
IT Ministry, PTA Finally Responds to Internet Slowdown in Pakistan: Amid fear of billions of losses, the Ministry of Information…
Scientists use rice cultivation to preserve soil in Florida’s everglades agricultural area Rice was grown in the Everglades Agricultural Area…
First income tax in GCC approved Oman is on course to become the first Gulf Cooperation Council (GCC) state to…
Pakistan and Ethiopia accept on measures to forge stronger ties Pakistan and Ethiopia have agreed on Thursday to strengthen bilateral…
WSC presents fund plan The World Shipping Council, which represents the container and vehicle transport sectors, has refined its proposals…
IT Ministry Dissolves Steering Committee Formed Over Pending Dues of LDI Companies: The Ministry of Information Technology and Telecommunication has…
California’s $59 bn agriculture sector: review A report from University of California-Riverside (UCR) researchers calls for urgent and innovative measures…
Saudi Arabia and Thailand strengthen economic ties Saudi Arabia is set to enhance private sector cooperation with Thailand as the…
Gold hits record high in Pakistan Gold prices in Pakistan reached a new all-time high of Rs254,000 per tola (11.66…
For H2 2024: container shipping market outlook In a five-part series mid-year we take stock of shipping markets in the…
Global IT Outage Disrupts Microsoft Machines, Including Pakistan: A faulty update from cybersecurity provider CrowdStrike caused a significant global IT…
Global oil production increases by 0.15pc in June World oil production rises by more than 0.15 percent, or around 150,000…
Dubai chamber explores opportunities Dubai Chamber of Commerce’s second quarterly roundtable meeting of Business Groups and Councils for 2024 created…
For textile sector mayday call Pakistan economy pivots around two essentials, ie, textiles and energy because 60 percent of our…
Finally, carriers add more loops, cancel fewer sailings Are carrier services getting more predictable? In a volatile, under-supplied market, it…
vivo V30e 5G: What is the Hype All About?: The launch of the vivo V30e 5G has generated significant buzz…
Some Vietnam coffee farms thrive despite drought VIETNAMESE coffee growers have been hit hard this year by the worst drought…
Saudi Banks’ risk profiles stronger than GCC counterparts Saudi banks exceed their Gulf Cooperation Council counterparts in terms of risk…
Reduction in energy tariff demanded The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded that the government…
China: strongest seafarer wage raise China has seen the strongest increase in seafarer wages across the main seafaring countries in…
Asus ROG Phone 9 Appears in its First Ever Leak: Asus’s next gaming phone is not coming until at least…
In April Brazil milk prices rise 18.7pc The Price of the milk produced in April in Brazil closed at BRL…
UAE stock markets mixed amid uncertainty over fed policy Stock markets in the United Arab Emirates were mixed on Friday…
CCP grants a time-bound exemption The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses…
Shipping’s resilience buffeted by threats In 2024, the shipping industry has been caught in a maelstrom of challenges that threaten…
IT Exports to Saudi Arabia Increased by $100 Million: One of the top IT exporters of Pakistan, Noman Said, has…
China’s April coal output falls China’s coal production in April fell to its lowest level since Oct 2022, statistics bureau…
Qatar economy grew 1.2pc year on year in q3, 2023 The Gulf state of Qatar’s real gross domestic product (GDP)…
Indonesia’s q1 GDP growth beats forecasts, but outlook’s uncertain Indonesia’s economic growth in the first quarter beat expectations, buoyed by…
Foreign investors meet Finance Minister A delegation of international investors, led by Ahmad Bozai, MD of Citibank Pakistan, called on…
Ship recycling market picking up the pace The ship recycling has been on a rise last week, with India as…
Classic Nokia 3210 Returns With a New Look After 25 Years: HMD may be rebranding its smartphones, but the Nokia name is…
Lagos-niger partnership to boost rice production- Govt The Lagos State Government has said its partnership with Niger State is to…
Saudi Arabia’s 2024 economic growth forecast cut Saudi Arabia’s economy will grow at a slower pace this year than previously…
Mongolia’s economy expected to grow 4.1pc in 2024 and 6.0pc in 2025 Mongolia’s economy had robust growth in 2023 as…
Bumper wheat crop in Pakistan this year The bumper wheat crop in Pakistan this year is seemingly becoming a nightmare…
LNG shipping: high supply suppresses rates LNG shipping is undergoing major shifts since the start of 2024. In its latest…